The "up-to-the-minute Market Data" thread, page 847
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reply posted on 25-5-2012 @ 04:21 PM by DangerDeath
Originally posted by michael1983l
The DOW jones is currently in freefall.


Yes, but...

www.marketwatch.com...

Gas prices’ 9th daily drop boon for holiday travel



Remember how De Gaul resolved huge demonstrations in 1968?
He let the gasoline to the gas stations. Everybody went to weekend picnic... End of revolution


reply posted on 25-5-2012 @ 04:26 PM by SpaceMonkeys
reply to post by camaro68ss



Thats the thing, the "fix" that they are using to temporarily keep the economy going is having less of an impact every time they do it.
As time goes on, things get that much more scary as measures to hold off this crisis become less and less effective.
What can they do? I dont know, I think about it every day and I just cant see a way out of the situation the world faces.
Some say we are headed for war, but are we? we're in the 21st century, a world war would end us all so whats the point in that?
I like to follow Reinhardt on his site called enterprisecorruption.com and he had something very interesting to say a few months ago.
He said something like boom cycles derive from industrial revolutions such as the information technology revolution, but the problem is what kind of industrial revolution could possibly happen to kick start the economy?
The only thing I can think of is a revolution in energy, but if that doesnt happen then where does it lead us?
The current economic system is completely flawed and needs to change.
The human race faces some serious challenges, ones that we have never faced before, and the scary thing is, WE will live through it.



reply posted on 25-5-2012 @ 08:08 PM by St Udio
Originally posted by SpaceMonkeys
reply to
post by camaro68ss



[..]
The only thing I can think of is a revolution in energy, but if that doesnt happen then where does it lead us?
The current economic system is completely flawed and needs to change...



i think not that a revolution in energy is in the cards..
i think however that the OPEC cartel will be replaced by a N. American energy supplier
as the USA will eventually replace Saudi Arabia as the country with the most oil reserves
coal, natural gas, shale deposits...which the USA will use instead of the Nuclear arsenal
as the leverage to shape world political positions
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